The annual salary statistics of reinforcing iron and rebar workers in New Orleans-Metairie-Kenner, Louisiana is shown in Table 1. The wage data of reinforcing iron and rebar workers in New Orleans-Metairie-Kenner is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,010 |
| 25th Percentile Wage | $43,720 |
| 50th Percentile Wage | $48,970 |
| 75th Percentile Wage | $56,450 |
| 90th Percentile Wage | $64,660 |
Table 1 shows the average annual salary for reinforcing iron and rebar workers in New Orleans-Metairie-Kenner, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $64,660. The median (50th percentile) annual salary is $48,970. The average annual salary for the bottom 10 percent earners is $31,010.
The table and chart below show the trend of the median salary of reinforcing iron and rebar workers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $48,970 | -4.06% | 36.74% |
| 2019 | $50,960 | 5.10% | - |
| 2018 | $48,360 | 2.79% | - |
| 2016 | $47,010 | 3.74% | - |
| 2015 | $45,250 | 4.60% | - |
| 2014 | $43,170 | 28.24% | - |
| 2012 | $30,980 | - | - |
From Table 3 we note that with a median annual salary of $48,970, New Orleans-Metairie-Kenner is the second highest paying city for reinforcing iron and rebar workers in state of Louisiana, following the highest paying city Lake Charles (median annual salary of $63,430). Compared with Lake Charles, the median annual salary of reinforcing iron and rebar workers in New Orleans-Metairie-Kenner is 22.8 percent (22.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lake Charles | |
| New Orleans-Metairie-Kenner | |
| Baton Rouge |